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performance management

Does your incentive system work?

I recently had the opportunity to talk with executives about the issues they experience with incentives implementation, and what we call in Drive Business Performance, the multiple "currencies" of performance.    We ...READ»

Are you the victim of "decisional set-up"?

In a recent Harvard Executive course I took, our decision making class instructor said - "it's not the information you HAVE that clouds your decision making, it's the information you DO NOT have".What a brilliant way to summarize the ...READ»

Does your organization have too much data, too little of the right one or both?

Great WSJ article on the issue of information management and decision making.   Although the article is specific to the scientific community, the same issues exist in the business world (see article @  ...READ»

Is Green the new Red?

In a recent conversation on KPI management, I came up with, what I hope, could be a catchy soundbite: “is your green the new red?”  The idea behind the sound bite is that, while many organizations focus on the red KPIs on ...READ»

ANALYTICS   |  Comment

Palladium Balanced Scorecard Hall of Fame for Executing Strategy

Congrats to Millipore, who we highlighted in our book, for their induction in BSC Hall of Fame. CEO Madaus, VP Fin Couturier - well done!READ»

ANALYTICS   |  Comment

Palladium Group Announces Advisory Board for the Palladium Execution Premium Community

Experts Help Shape Global Strategy Management Movement Palladium Group, Inc., the global leader in helping organizations execute their strategies by making better decisions, is pleased to announce the formation of an Advisory Board for the Palladium Execution Premium Community™ (XPC). XPC, launched earlier this fall, is the premier global online membership community of strategy and performance management practitioners.READ»

Kenan Samms
FEEDBACK   |  Comment

You’ve Asked for Feedback on Your Performance, Now What?

As a manager, there’s an invisible and unspoken wall between you and your staff. It would be great if it didn’t exist, but it does. And even though there are times when you feel like part of the gang, at the end of the day, ...READ»

ANALYTICS   |  Comment

Reducing crime in Cinci through unique police + researcher collaboration

Police collab w/ researchers to reduce crime in Cinci. Culture critical: Police must be open to it, researchers need personal skills http://ping.fm/UxfO4READ»

JOEY FITTS   |  Comment

Featured in news from Microsoft today - "Authors say: Create a Culture of Performance"

Featured in news from Microsoft today - "Authors say: Create a Culture of Performance" http://ping.fm/Z9G4rREAD»

PREDICTIVE   |  Comment

Interviewed by Infosys on "Predictive Analytics: What Makes Enterprises More Competitive"

Interviewed by Infosys for the Industry Speak section of their Technology Roundtable. Topic is "Predictive Analytics: What Makes Enterprises More Competitive?" Shared a number of real world examples. What do you think? Share your thoughts! http://www.infosys.com/newsletter/technology-roundtable/prev/june09/industry-speak-joeyfitts.htmREAD»

CHANGE   |  Comment

LeaderShaping your Way out of the Downturn

The last 18 months have been the most trying in decades for business leaders. The conditions that normally make running an organization of any type – a business unit or a team rewarding is market expansion, revenue growth, rising pay, and incentives – have been absent for most, replaced by the unrelenting tasks of survival, retrenchment, and cost cutting. What should leaders do in this depressed environment? The first task of leadership, Bison argues, is to identify the default future, discuss it, and analyze it, and then go about re-imagining – and, in effect, rewriting the future. The Bison Group’s program, “The Six Levels of Leadership,” helps business leaders overcome the daunting task of facing the future, by teaching them to rewrite the future that leads to real business transformation with profitable growth. And the lessons are just as applicable to individuals.READ»

BUSINESS   |  Comment

The SEC: What's Wrong And How To Fix It

Noted legal expert, Marc Morgenstern speaks his mind in this Selker Leadership interview on what is wrong with the SEC and potentially how it can be fixed, coming to the conclusion that the natural human tendency towards greater regulation is exactly the wrong approach to deliver safety, transparency and liquidity. This is part 1 of a 2 part seriesREAD»

The “War Room” – When Innovation Intersects Strategy

Slashing innovation and R&D programs during the downturn may leave organizations and the leadership responsible for making decisions to drive performance at a competitive disadvantage and poorly positioned to capitalize upon opportunities as good times return. That's the key message of a new report from the world's leading innovation website, which incorporates advice from some of the world’s leading innovation experts. The report provides a valuable set of best practices and strategies that companies can use to help maintain their innovation initiatives during the current global economic downturn. As part of this study, a collection of innovation experts and practitioners were contacted to learn more about the strategies they recommend for maintaining innovation during challenging economic times. Respondents include Damian D. “Skipper” Pitts, business strategist with The Bison Group consulting firm in Philadelphia, PA and some of the best and brightest innovation authors, bloggers, consultants, and practitioners. Pitts was asked to take part in the study demonstrating his firm’s philosophy for intersecting innovation with military and battlefield strategy. This valuable article is available for free by downloading the attachment. A copy of the innovation report is available by sending an email to: Solutions@thebisongroup.com. Additional information on the topic can be seen by visiting his web address: http://www.thebisongroup.com. Questions? Please send an e-mail to dpitts@thebisongroup.com.READ»

INNOVATION   |  Comment

Lee Scott's Legacy

New York — Lee Scott will retire as CEO of Wal-Mart on February 1, and what a legacy he leaves.  Sales up 2.4 times, on a $167 billion dollar company.  Inventory days down 23% to 34. Receivable days as close to zero as you can ...READ»

Take the "Great American Small Business Challenge"

How prepared is your company to weather the current economic storm?   Does your company have the organizational flexibility and resiliance you need to remain successful?  Now is the time to consider ways to make your company more ...READ»

Competency Mapping

I use competencies for a number of different purposes, primarily for selection, career planning, performance appraisals, and succession planning.  Are you using them and if so, how? Tks, AlanREAD»

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